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Japan current account surplus rallies to 11-month peak

Japan’s current account surplus recuperated in February, touching its highest in nearly a year, as profits from investments and loans almost doubled.

Official figures showed the current account was at ¥2.434 trillion ($2.24 billion) from ¥520.8 billion ($80.39 billion) in January.

Exports were at ¥5.643 trillion month-on-month, up 5.3%. Imports were at ¥5.218 trillion, down 9.5%.

The surplus expanded to ¥1.733 trillion in February, the highest since March 2015. Trade balance recouped to ¥425.2 billion surplus.

The material has been provided by InstaForex Company – www.instaforex.com

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Japan current account surplus rallies to 11-month peak Reviewed by on . Japan's current account surplus recuperated in February, touching its highest in nearly a year, as profits from investments and loans almost doubled.Official fi Japan's current account surplus recuperated in February, touching its highest in nearly a year, as profits from investments and loans almost doubled.Official fi Rating:
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